Eststays Limited - Accounts to registrar (filleted) - small 18.2

Eststays Limited - Accounts to registrar (filleted) - small 18.2

ESTSTAYS LIMITED - Company Information

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REGISTERED NUMBER: 00829368 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

ESTSTAYS LIMITED
ESTSTAYS LIMITED (REGISTERED NUMBER: 00829368)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ESTSTAYS LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2019







DIRECTORS: R.D. Alexander
J.E. Alexander
Miss J.E. Alexander





SECRETARY: Mrs J.E. Alexander





REGISTERED OFFICE: Gillridge
Gillridge Lane
Crowborough
East Sussex
TN6 1UR





REGISTERED NUMBER: 00829368 (England and Wales)





ACCOUNTANTS: WaightSharnock
8b Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU
Page 1
ESTSTAYS LIMITED (REGISTERED NUMBER: 00829368)

BALANCE SHEET
31 December 2019

31.12.19 31.12.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 251,186 230,247
Investments 5 1 1
251,187 230,248

CURRENT ASSETS
Stocks 1 1
Investments 6 131,133 158,532
Cash at bank 38,226 49,803
169,360 208,336
CREDITORS
Amounts falling due within one year 7 104,024 80,658
NET CURRENT ASSETS 65,336 127,678
TOTAL ASSETS LESS CURRENT
LIABILITIES
316,523
357,926

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 316,423 357,826
SHAREHOLDERS' FUNDS 316,523 357,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act
2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394
and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
ESTSTAYS LIMITED (REGISTERED NUMBER: 00829368)

BALANCE SHEET - continued
31 December 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2020 and were
signed on its behalf by:





J.E. Alexander - Director


The notes form part of these financial statements

Page 3
ESTSTAYS LIMITED (REGISTERED NUMBER: 00829368)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2019

1. STATUTORY INFORMATION

Eststays Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will
be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

Page 4 continued...
ESTSTAYS LIMITED (REGISTERED NUMBER: 00829368)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2019

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2019 230,022 12,352 242,374
Additions 20,984 - 20,984
At 31 December 2019 251,006 12,352 263,358
DEPRECIATION
At 1 January 2019 - 12,127 12,127
Charge for year - 45 45
At 31 December 2019 - 12,172 12,172
NET BOOK VALUE
At 31 December 2019 251,006 180 251,186
At 31 December 2018 230,022 225 230,247

Included in cost of land and buildings is freehold land of £ 230,022 (2018 - £ 230,022 ) which is not depreciated.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2019
and 31 December 2019 1
NET BOOK VALUE
At 31 December 2019 1
At 31 December 2018 1

6. CURRENT ASSET INVESTMENTS
31.12.19 31.12.18
£    £   
Listed investments 131,133 158,532

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.19 31.12.18
£    £   
Taxation and social security 768 400
Other creditors 103,256 80,258
104,024 80,658

Page 5